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    Property profile & analytics

    4683 Dixie Hwy Waterford, MI 48329-3519

    • Drive through restaurants
    • 1,090 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Feb 05, 2025
    $450,000
    Location Intelligence
    Property ID
    US43-1062572
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 4683 Dixie Hwy

    Year built
    1992
    Lot size
    0.54 lot acres
    Property size
    1,090 SF
    Zone code
    BI
    Property type
    Drive through restaurants
    APN
    W -13-10-176-085
    APU
    W1310176085

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $410,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $450,000
      Mixed-Use
      $410,000
      Hospitality
      $460,000
      Educational
      $435,000
      Residential Income
      $475,000
      Energy
      $360,000
      Income-Based Land
      $450,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.381
    Latitude
    42.686
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,668
    $0.00
    $0.00
    $132,420
    -
    $0.00
    $0.00
    $264,840

    Comparable in this City

    • Value Estimation by Request
      2,825 SF

      4825 Dixie Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,825 SF
      4825 Dixie Hwy, Waterford, MI 48329-1706
      View Details
    • Value Estimation by Request
      4,288 SF

      4772 Dixie Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,288 SF
      4772 Dixie Hwy, Waterford, MI 48329-3525
      View Details
    • Value Estimation by Request
      3,434 SF

      4790 Dixie Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,434 SF
      4790 Dixie Hwy, Waterford, MI 48329-3525
      View Details
    • Value Estimation by Request
      1,224 SF

      4668 Dixie Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,224 SF
      4668 Dixie Hwy, Waterford, MI 48329-3517
      View Details
    • Value Estimation by Request
      2,530 SF

      4775 Dixie Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,530 SF
      4775 Dixie Hwy, Waterford, MI 48329-3523
      View Details
    • Value Estimation
      $385,000
      1,601 SF

      4795 Dixie Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,601 SF
      4795 Dixie Hwy, Waterford, MI 48329-3524
      View Details

    Similar Nearby for Sale

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      Waterford Retail Building For Sale

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      Waterford Commercial Property on Dixie

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      High-traffic retail center, former bowling alley.
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      Dixie Hwy Retail Opportunity

      Waterford Twp Retail - 1,241 SF
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      Versatile Commercial Property in Waterford

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    Similar Nearby for Lease

    • $500,000
      1,241 SF

      Waterford Retail with Drive-Thru Potential

      Retail space available with drive-thru potential on busy Dixie Highway.
      4355 Dixie Hwy, Waterford, MI 48329
      View Details
    • $1,000 /Mo

      Retail Space on Dixie Highway

      Retail space with high exposure and multiple floorplan options.
      5806 Dixie Hwy, Waterford, MI 48329
      View Details
    • $11,250 /Mo

      Turn Key Bar/Restaurant Space

      Fully operational bar/restaurant with billiards room and entertainment space.
      5100 Dixie Hwy, Waterford, MI 48329
      View Details
    • $15 SF/Yr
      4,600 SF

      Dixie Highway Retail Space

      Prime Retail Space, Newly Renovated
      4895 Dixie Hwy, Waterford Township, MI 48329
      View Details
    • $12 SF/Yr
      7,000 SF

      Dixie Hwy Executive Office Space

      7,000 SF Office/Retail, High Visibility
      5806 Dixie Hwy, Waterford Township, MI 48329
      View Details
    • $17 SF/Yr
      1,241 SF

      Dixie Hwy Retail Opportunity

      Waterford Retail Space - For Lease/Sale
      4355 Dixie Hwy, Waterford Township, MI 48329
      View Details

    Property Visit Statistics

    • Visits by month
      4.2k
    • Visitors by month
      2.7k
    • Avg Time on site
      28 min
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    Waterford, MI 48329-3519
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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